Outstanding opportunity to own this 3 br, 1 bath home for $42,000 below assessed value. Home is very spacious and open floor plan with a sunny enclosed front porch. Home offers huge kitchen, updated bath, hardwood floors, and a fenced yard. In convenient location close to everything, on a street with mature trees. Cheaper than rent! This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Renovation Mortgage Financing.
Single-familyProperty Type
1926Year Built
8,000 sq ftLot Size
$226Est. Price/Sq.Ft.
1 car garageParking
Listed by Marlea DePenning• BHHS First Realty Westown
Listed by Wayne DePenning• BHHS First Realty Westown
Bought with Penny Harrison• RE/MAX Concepts
Source:DMMLS #414354
Redfin Estimate
$198,339
$68K since sold in March 2021$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.4% lower than the average sale price ($201K) of 6 comparable homes.
Outstanding opportunity to own this 3 br, 1 bath home for $42,000 below assessed value. Home is very spacious and open floor plan with a sunny enclosed front porch. Home offers huge kitchen, updated bath, hardwood floors, and a fenced yard. In convenient location close to everything, on a street with mature trees. Cheaper than rent! This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Renovation Mortgage Financing.
DMMLS #393099
Feb 18, 2013
Listing Removed
—
Nov 21, 2011
Listed
$45,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,672 (+2.2%)
$36,100 + $120,500
$156,600
2024
$2,614 (+2.3%)
$32,500 + $110,800
$143,300
2023
$2,556 (+0.9%)
$32,500 + $110,800
$143,300
2022
$2,534 (−2.8%)
$27,100 + $90,200
$117,300
2021
$2,606 (−3.7%)
$27,100 + $90,200
$117,300
2020
$2,706 (+11.7%)
$27,100 + $90,200
$117,300
2019
$2,422 (+1.1%)
$23,900 + $80,500
$104,400
2018
$2,396 (−2.5%)
$23,900 + $80,500
$104,400
2017
$2,458 (+2.8%)
$20,200 + $69,900
$90,100
2016
$2,392 (+15.6%)
$17,600 + $73,250
$90,850
2013
$2,070
$16,800 + $75,100
$91,900
Tax history for 2817 Payne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,672 (+2.2%)
$36,100 + $120,500
$156,600
2024
$2,614 (+2.3%)
$32,500 + $110,800
$143,300
2023
$2,556 (+0.9%)
$32,500 + $110,800
$143,300
2022
$2,534 (−2.8%)
$27,100 + $90,200
$117,300
2021
$2,606 (−3.7%)
$27,100 + $90,200
$117,300
2020
$2,706 (+11.7%)
$27,100 + $90,200
$117,300
2019
$2,422 (+1.1%)
$23,900 + $80,500
$104,400
2018
$2,396 (−2.5%)
$23,900 + $80,500
$104,400
2017
$2,458 (+2.8%)
$20,200 + $69,900
$90,100
2016
$2,392 (+15.6%)
$17,600 + $73,250
$90,850
2013
$2,070
$16,800 + $75,100
$91,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
N3B
Neighborhood District
N3b is intended to preserve the scale and character of residential neighborhoods developed predominantly during the 1950s through 1970s typically in the ranch, split-level, or cottage style pursuant to House B building type in section 135-2.14 of this code and House C in section 135- 2.15 of this code.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Jul 18, 2024 • Final
Plumbing (residential) - other
Plumbing
Oct 9, 2020 • Final
Tidemark import - ele
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 877
Basement Finish: Finished
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air Gas
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Brick
Building Style Type: Conventional
Exterior Wall: Masonite
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: ARNOLDS PLACE
Living Sq. Ft: 877
Building Sq. Ft: 1,873
# of Stories: 1
Stories Type: 1
Legal Description: SE 1/4 LOT 44 ARNOLD'S PLACE
Parking & Garage Information
Garage/Parking Sq. Ft: 240
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,000
Legal Lot Number: 44
Municipality Type: DES MOINES
Acres: 0.184
Depth Footage: 160
Front Footage: 50
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 877
Stories: 1.0
Lot Size: 8,000 square feet
Style: Single Family Residential
Year Built: 1926
Year Renovated: 1955
County: Polk County
APN: 08000234000000
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Places
Transit
Monroe Elementary School
Public K-5 • Assigned • 0.4mi
2/10
Meredith Middle School
Public 6-8 • Assigned • 1.6mi
5/10
Hoover High School
Public 9-12 • Assigned • 1.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Des Moines, IA • 50310
Average low and high temperatures (°F)
31
14
40
20
59
35
64
45
75
52
83
64
86
69
83
65
81
59
71
49
50
34
38
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 4.1 hours in December, which is comparable to the
U.S. average for solar exposure.
10.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$189,000 – $229,000
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